Tax treatment of waste and losses on income and sales tax regimes

This paper addresses fundamental notions regarding waste and losses and their treatment in both the Income Tax Law and the Peruvian General Sales Law (a.k.a. V.A.T.). Likewise, several reports issued by the Peruvian Tax Administration were used to define waste and losses and determ...

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Detalles Bibliográficos
Autores: Belito Soto, Haydee, Burga Muñoz, Diana Mireya
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2021
País:Perú
Institución:Universidad Femenina del Sagrado Corazón
Repositorio:Revistas - Universidad Femenina del Sagrado Corazón
Idioma:español
OAI Identifier:oai:revistas.unife.edu.pe:article/2476
Acceso en línea:https://revistas.unife.edu.pe/index.php/lumen/article/view/2476
Access Level:acceso abierto
Palabra clave:Tributos, mermas, desmedros, gastos deducibles, legislación tributaria
Taxes, waste, losses, deductible expenses, tax legislation
Descripción
Sumario:This paper addresses fundamental notions regarding waste and losses and their treatment in both the Income Tax Law and the Peruvian General Sales Law (a.k.a. V.A.T.). Likewise, several reports issued by the Peruvian Tax Administration were used to define waste and losses and determine what may classify as deductible expenses. Finally, general aspects regarding waste and losses stipulated in the legislations of other countries are detailed in depth applying Comparative Law methods.